Patricia Voydanoff (Cited by Aulette)asserts That There Are Several Mediating

question 41

Multiple Choice

Patricia Voydanoff (cited by Aulette) asserts that there are several mediating factors in responding to a layoff that can make the difference in a family's ability to cope.A family is better able to cope when

• A)the layoff is sudden without warning or anticipation.
• B)they blame external or social structure factors and not the worker.
• C)they perceive and accept the worker as a failure.
• D)they know others in the same situation.

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Definitions:

Rate of Return

The increase or decrease in the value of an investment during a particular time frame, presented as a percentage of the investment’s original price.

Private Saving

The portion of individuals' or households' income that is not used for consumption or paying taxes, typically used for investment or future spending.

Government Budget

A financial statement presenting the government's projected revenue and expenditure for a specific period.

National Saving

The total amount of savings generated within a country, which includes both private savings by households and businesses, and public savings from government budgets.